Ocean Group JSC (STC:OGC) Days Payable: 23.34 (As of Mar. 2026) — 21% Below Median

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STC:OGC Ocean Group JSC STC:OGC
63 GF Score
Price ₫2,530.00
GF Value ₫5,570.61
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Ocean Group JSC Days Payable?

Ocean Group JSC STC:OGC -4.17% 63 Days Payable is 23.34 as of Mar. 2026, which is 21% below its 10-year median of 29.58. GuruFocus rates STC:OGC with a GF Score™ of 63/100 and a GF Value™ of ₫5,570.61 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 509 Conglomerates companies, Ocean Group JSC ranks worse than 79.96% on this metric.

Ocean Group JSC's average Accounts Payable for the three months ended in Mar. 2026 was ₫30,111 Mil. Ocean Group JSC's Cost of Goods Sold for the three months ended in Mar. 2026 was ₫117,697 Mil. Hence, Ocean Group JSC's Days Payable for the three months ended in Mar. 2026 was 23.34.

The historical rank and industry rank for Ocean Group JSC's Days Payable or its related term are showing as below:

STC:OGC' s Days Payable Range Over the Past 10 Years
Min: 17.92   Med: 29.58   Max: 58.77
Current: 30.85

During the past 13 years, Ocean Group JSC's highest Days Payable was 58.77. The lowest was 17.92. And the median was 29.58.

STC:OGC's Days Payable is ranked worse than
79.96% of 509 companies
in the Conglomerates industry
Industry Median: 56.18 vs STC:OGC: 30.85

Ocean Group JSC's Days Payable declined from Mar. 2025 (25.60) to Mar. 2026 (23.34). It may suggest that Ocean Group JSC accelerated paying its suppliers.


Ocean Group JSC Days Payable Historical Data

* Premium members only.

The historical data trend for Ocean Group JSC's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ocean Group JSC Days Payable Chart

Ocean Group JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.17 24.61 21.24 17.92 18.01

Ocean Group JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.60 22.11 29.37 72.19 23.34

STC:OGC vs HON, MMM: Days Payable Comparison

For the Conglomerates subindustry, Ocean Group JSC's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ocean Group JSC Days Payable vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Ocean Group JSC's Days Payable distribution charts can be found below:

* The bar in red indicates where Ocean Group JSC's Days Payable falls into.


STC:OGC
63GF Score
Ocean Group JSC STC:OGC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ocean Group JSC Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Ocean Group JSC's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (28583.088 + 31110.865) / 2 ) / 604735.407*365
=29846.9765 / 604735.407*365
=18.01

Ocean Group JSC's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (31110.865 + 29110.584) / 2 ) / 117697.26*365 / 4
=30110.7245 / 117697.26*365 / 4
=23.34

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 23.34 mean?
Ocean Group JSC (STC:OGC) has a Days Payable of 23.34 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ocean Group JSC and its competitors. This is 21% below median its historical median of 29.58. Over the past decade, Ocean Group JSC's Days Payable has ranged from 17.92 to 58.77. According to the industry distribution chart, Ocean Group JSC ranks #407 out of 509 companies in the Conglomerates industry, placing it in the top 80%.
Is Ocean Group JSC's Days Payable too high?
Ocean Group JSC's current Days Payable of 23.34 is 21% below median its 10-year median of 29.58. Over the past 10 years, this metric has ranged from a low of 17.92 to a high of 58.77. The Conglomerates industry median Days Payable is 56.18. Ocean Group JSC's value of 23.34 is 58.5% below this industry median. Based on the distribution chart, Ocean Group JSC ranks #407 out of 509 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Ocean Group JSC has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ocean Group JSC's Days Payable compare to HON and MMM?
According to the Conglomerates industry distribution chart, Ocean Group JSC ranks #407 out of 509 companies for Days Payable. This places Ocean Group JSC in the lower half of its industry. The industry median Days Payable is 56.18. Ocean Group JSC's value of 23.34 is 58.5% below this benchmark. Historically, Ocean Group JSC's own Days Payable has ranged from 17.92 to 58.77 over the past decade. While the company's 10-year median is 29.58 vs. the industry median of 56.18, Ocean Group JSC has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Conglomerates company?
The median Days Payable among Conglomerates companies is 56.18, based on 509 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ocean Group JSC's current Days Payable of 23.34 is 58.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ocean Group JSC and its competitors. For the Conglomerates industry, the median Days Payable is 56.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ocean Group JSC's current Days Payable is 23.34, which is 21% below median its own 10-year median of 29.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean Group JSC stock overvalued right now?
Based on GuruFocus' analysis, Ocean Group JSC (STC:OGC) is currently considered Possible Value Trap. The stock's GF Value™ is ₫5,570.61, compared to a current price of ₫2,530.00 — trading 54.6% below its estimated fair value. The current Days Payable is 23.34, which is 21% below median its 10-year median of 29.58 and 58.5% below the Conglomerates industry median of 56.18. Ocean Group JSC's overall GF Score™ is 63/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Ocean Group JSC (STC:OGC), the current Days Payable is 23.34 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ocean Group JSC (STC:OGC) Overvalued in 2026?

Based on GuruFocus' analysis, Ocean Group JSC stock appears to be undervalued. The current stock price of ₫2,530.00 is trading 54.6% below its estimated GF Value™ of ₫5,570.61. GuruFocus considers Ocean Group JSC to be Possible Value Trap.

Key valuation signals for STC:OGC:

  • Days Payable: 23.34 (21% below median its 10-year median of 29.58)
  • GF Value™: ₫5,570.61 vs. price of ₫2,530.00 (54.6% below fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 58.5% below the Conglomerates median (#407 of 509)

No single metric tells the full story. See the STC:OGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ocean Group JSC Business Description

Address No. 643 Pham Van Dong, 23rd Floor, Leadvisors Tower Building, Nghia Do Ward, Hanoi, VNM
Ocean Group JSC is a Vietnam-based company mainly engaged in real estate trading and office leasing. The Group focuses its resources on three strategic business areas: real estate, high-end hospitality services, and food production and trading. It currently owns a diversified asset portfolio, including internationally standardized five-star hotels such as StarCity Nha Trang, Sunrise Nha Trang, and Dusit Le Palais Tu Hoa, as well as high-growth potential real estate projects like 25 Tran Khanh Du, StarCity Westlake at 10 Tran Vu, and Lega Fashion House. The majority of these properties are located in prime locations in Hanoi, Ho Chi Minh City, and key tourism cities.
63GF Score

Get the complete analysis for STC:OGC

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₫2,530.00
Price
₫5,570.61
GF Value